{"id":55659,"date":"2017-05-23T09:58:35","date_gmt":"2017-05-23T02:58:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/venue-of-one-canberra-agm-changed-amid-calls-to-cut-costs\/"},"modified":"2017-05-23T10:02:07","modified_gmt":"2017-05-23T03:02:07","slug":"venue-of-one-canberra-agm-changed-amid-calls-to-cut-costs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/venue-of-one-canberra-agm-changed-amid-calls-to-cut-costs\/","title":{"rendered":"Venue of One Canberra AGM changed amid calls to cut costs"},"content":{"rendered":"


\nFollowing a letter from Law and Home Affairs Minister, K. Shanmugam, One Canberra\u2019s appointed managing agent moved the venue of its first AGM to cut costs (Image: Minister K Shanmugam\u2019s official Facebook page).
\nRealty International Associates (RIA), the appointed managing agent of One Canberra executive condominium, has postponed its first annual general meeting (AGM) to 24 June so that it can be held at Chong Pang Community Club instead of a country club, reported The Straits Times.
\nThe move followed calls from residents and community leaders to slash unnecessary cost and a letter from Law and Home Affairs Minister K. Shanmugam reminding them to ensure that \u201cthe residents\u2019 money is properly spent\u201d.
\nIn a Facebook post, Nee Soon GRC MP Shanmugam said the managing agent and developer had planned to spend S$19,000 for a ballroom.
\nBooking a multi-purpose hall at a community centre, on the other hand, usually costs around S$1,500 on average, revealed the People\u2019s Association.
\n\u201cThe venue was not as shocking as it was concerning, because it\u2019s not the managing agent\u2019s money \u2013 it\u2019s our money, at the end of the day,\u201d said a 38-year old resident who works in the real estate industry.
\nMeanwhile, Jackson Ong, senior vice-president of RIA said they are \u201cmost happy\u201d to hold the AGM at the CC. \u201cWe value Mr Shanmugam\u2019s feedback.\u201d
\nHe noted that while RIA decided to hold the meeting at Orchid Country Club for around S$15,600, MCC Land (Singapore), the developer of One Canberra, has agreed to take up S$8,000 of the cost.
\nWith the new venue, the cost of the meeting, which will see the election of a management council of residents, now stands at about S$8,000. The figure includes cost for food, logistics and cleaning fees.
\n\u00a0
\nThis article was edited by Denise Djong.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Venue of One Canberra AGM changed amid calls to cut costs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following a letter from Law and Home Affairs Minister, K. Shanmugam, One Canberra\u2019s appointed managing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-55659","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-etJ","jetpack-related-posts":[{"id":104951,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/woodlands-police-division-opens-with-self-help-kiosks\/","url_meta":{"origin":55659,"position":0},"title":"Woodlands police division opens with self-help kiosks","date":"March 13, 2019","format":false,"excerpt":"\r Residents in the north will now enjoy more comfort and privacy as well as shorter waiting times when they visit the new police centre. 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